An effectively structured and well-managed reinsurance program can generate considerable wealth and you can put it to use in several different ways: • Diversify your retirement income stream and help you reach your financial goals more quickly. • Designate funds for succession planning by building the working capital future leaders will need as they assume a leadership position. If you hope to pass on the dealership to your children one day, a reinsurance trust for their benefit can be a source of capital they can use to purchase the dealership. • Funds to reward and retain valuable employees on your team. In this scenario, you’d form a reinsurance trust for key employees to serve as a type of deferred compensation plan. • Capital for expansion through strategic buy/sells or for scaling the existing operations to compete in the consolidating auto retail sector. Continued on page 16 vada.com 15
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